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Trailblazer Merger Corp I

TBMC

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Financial Statements

Values in Millions ($)
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
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Subscriber-only column
Related Party
11-13300--
Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
000001111
Restricted Cash Current
0-111----
Prepaid Expense Current
000000000
Assets Held In Trust Current
-24-------
Assets Current
0241111111
Deferred Income Tax Assets Net
------000
Marketable Securities Noncurrent
-----73---
Prepaid Expense Other Noncurrent
-----000-
Prepaid Expense Noncurrent
000------
Assets Held In Trust Noncurrent
4427272773727170
Assets
42829282874737271
Accrued Liabilities Current
-------00
Notes Payable Related Parties Classified Current
--------0
Liabilities And Stockhold…
Liabilities Current
Accounts Payable And Accrued Liabilities Current
2222100--
Taxes Payable Current
00111000-
Notes Payable Current
------0--
Deferred Tax And Other Liabilities Noncurrent
-----0---
Liabilities Current
14347651110
Deferred Compensation Liability Classified Noncurr…
-------2-
Deferred Income Tax Liabilities Net
-----0---
Liabilities
16369873333
Temporary Equity Carrying Amount Attributable To P…
4--272772717170
Stockholders Equity
Retained Earnings Accumulated Deficit
-16-12-8-7-6-2-2-1-1
Stockholders Equity
-16-12-8-7-6-2-2-1-1
Common Classa Subject To Redemption
-----7007
Class Common Stock Not Subject To Possible Redempt…
--------2
Liabilities And Stockholders Equity
42829282874737271
Over Allotment Option
--------0
Sponsor
--------0
Temporary Equity Shares Outstanding
---227---
Temporary Equity Redemption Price Per Share
---11.3311.1910.47---
Common Class A
0-40420072
Common Class B
0-00000000
Preferred Stock Par Or Stated Value Per Share
000000000
Preferred Stock Shares Authorized
111111111
Preferred Stock Shares Issued
--------0
Preferred Stock Shares Outstanding
--------0
Common Stock Subject To Forfeiture
--------0

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2025-1.67%-1.84%-2.85%0.34%0.34%0.17%1.58%14.29%1.49%---
2024---------0.89%4.44%4.00%
2023---0.49%0.68%0.97%0.43%0.87%1.16%---

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Performance and Valuation Metrics

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Metrics
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
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Liquidity Ratios
Current Ratio
0.02
0.70
0.20
0.14
0.18
0.80
0.88
1.32
2.38
Quick Ratio
0.01
0.70
0.19
0.14
0.17
0.65
0.72
1.07
2.30
Working Capital
-13.96M
-10.05M
-5.67M
-5.11M
-4.21M
-192.50K
-112.51K
218.97K
630.55K
Leverage & Debt
Debt to Equity
-1.02
-3.04
-1.20
-1.17
-1.18
-1.92
-1.91
-1.93
-1.77
Debt Ratio
3.77
1.29
0.31
0.29
0.26
0.04
0.04
0.04
0.04
Efficiency & Turnover
Asset Turnover TTM
0.00
0.00
0.00
0.00
0.00
0.00
-
-
-
Per Share Metrics
Diluted EPS TTM
-2.08
-0.98
-0.00
0.17
0.20
0.19
-
-
-
Free Cash Flow Per Share TTM
-0.64
-0.47
-0.16
-0.08
-0.06
-0.07
-
-
-
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
-
-
-
Growth Metrics
Net Income Growth (1Y)
-619.16%
-425.41%
-
-
-
-
-
-
-
EPS Growth (1Y)
-1,122.42%
-620.83%
-
-
-
-
-
-
-
Calculated Values
Free Cash Flow TTM
-2.55M
-2.10M
-741.23K
-374.14K
-436.09K
-471.53K
-
-
-
Net Debt
-206.53K
-19.18K
-1.33M
-840.30K
-63.83K
-607.82K
-350.43K
-731.51K
-1.05M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2024-10-11Sale
Owner: Aqr, Capital Management L…
Title: -
Shares: 190,000
Price/Share: $11.02
Value: $2,093,800.00
Shares Owned: 405
Relationship: TenPercentOwner
Ownership: Indirect
2024-10-10Sale
Owner: Aqr, Arbitrage Llc, Aqr C…
Title: -
Shares: 50,000
Price/Share: $11.02
Value: $551,000.00
Shares Owned: 580
Relationship: TenPercentOwner
Ownership: Indirect
2023-03-31Purchase
Owner: Hammer, Joseph D
Title: -
Shares: 394,500
Price/Share: $10.00
Value: $3,945,000.00
Shares Owned: 2,119,500
Relationship: Director,TenPercentOwner
Ownership: Indirect
2023-03-31Purchase
Owner: Trailblazer, Sponsor Grou…
Title: -
Shares: 394,500
Price/Share: $10.00
Value: $3,945,000.00
Shares Owned: 2,119,500
Relationship: TenPercentOwner
Ownership: Direct

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Institutional Ownership

No data available for chart
2025-12-31
2.09%
Inst. Shares: 83,239
Shares Outstanding: 3,976,169
2025-09-30
36.62%
Inst. Shares: 1,639,265
Shares Outstanding: 4,476,867
2025-06-30
41.68%
Inst. Shares: 1,875,225
Shares Outstanding: 4,499,115
2025-03-31
50.51%
Inst. Shares: 2,272,294
Shares Outstanding: 4,499,115
2024-12-31
28.99%
Inst. Shares: 2,269,949
Shares Outstanding: 7,830,576

Trailblazer Merger Corp I (TBMC) — SEC Financial Statements & Analysis

Trailblazer Merger Corp I (TBMC) is a blank checks company, incorporated in DE. Trailblazer Merger Corp I trades on Nasdaq as: TBMC, TBMCR. Based on its latest SEC filing (Form 10-Q, period ending 2025-12-31), Trailblazer Merger Corp I reported a Debt-to-Equity ratio of -1.02x. Figures below are sourced from SEC EDGAR, as-filed.

Debt To Equity
-1.02x

Data as of 2025-12-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Trailblazer Merger Corp I in?

Trailblazer Merger Corp I (TBMC) operates in the Blank Checks industry.

What exchange does TBMC trade on?

Trailblazer Merger Corp I (TBMC) trades on the Nasdaq.

Where is Trailblazer Merger Corp I incorporated?

Trailblazer Merger Corp I is incorporated in DE.

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Main Street's price.